Headquartered in Shenyang, Neusoft is the largest IT solution and
service provider in China with a global presence. Under the agreement
Neusoft IT Services will provide Mediasite channel services, including
reselling and integration services. It will also provide a
Chinese-language Mediasite help desk, to provide comprehensive support
for Mediasite customers like Wenzhou-Kean University, Kean
University’s campus located in the Zhejiang Province.

"We moved to our new Chinese campus this past semester and are using
Mediasite for capturing highly interactive class sessions and seminars,
as well as conventional lectures and for doing remote inter-continental
peer observations of faculty. Having local Mediasite support provides
enormous value to our campus, ensures our customer service is never
interrupted and allows us to grow our campus video initiatives within
our own timeframe,” said Dr. Robert Cirasa, Vice Chancellor and Provost
Designate, Wenzhou-Kean University.

"I am so pleased to reach this agreement with Sonic Foundry,” said Mr.
Liu Yuekui, General Manager of Neusoft IT Services. "The partnership
with Sonic Foundry allows us to expand our e-learning capabilities
dramatically, and I am very proud to be their partner in China."

“Our customers’ video initiatives are growing rapidly, and playing an
increasingly important role in the global enterprise and on
multi-national campuses. The partnership with Neusoft reiterates our
commitment to providing the services they need to expand their Mediasite
deployments and will help us provide better local support as they do
so,” said Gary Weis, CEO of Sonic Foundry. “Neusoft is a strong partner
to accelerate our expansion in China, and we will continue to seek out
new opportunities to expand our presence and better serve our customers
there.”

This non-exclusive partnership with Neusoft enables Sonic Foundry to
expand its business in China, to win new customers, and to allow its
multi-national customers to confidently expand their enterprise video
deployments to the region.

Sonic Foundry, which saw a 43% growth in billings in Japan and a 25%
growth in international billings overall in fiscal year 2013, recently
acquired two international companies, Mediasite K.K. in Japan and
MediaMission in the Netherlands.

About Neusoft Corporation

Neusoft is the leading IT solution and service provider in China with
operations across the globe. Focusing on software technology, Neusoft
provides industry solutions, product engineering solutions and related
software products & platform, and services. With more than 23,000
employees around the world, Neusoft has a comprehensive marketing and
service network in more than 40 cities across China, as well as
subsidiaries in the U.S., Japan, Finland, Germany, Romania, Switzerland,
and the United Arab Emirates, etc. The Company is the first listed
software company in China and is traded on the Shanghai Stock Exchange.
For more information, please visit: http://www.neusoft.com.